Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 k
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- Provide a detailed account of the current challenges and limitations your company faces in drafting a transition plan concerning areas of significant impact related to biodiversity and ecosystems. Additionally, describe the actions your company is undertaking to address these challenges.
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Question Id: E4-1_18
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 80%